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Time of India
27-05-2025
- Business
- Time of India
Declining Employment Rates: Only 75% of Private School Graduates in Singapore Find Jobs Within 6 Months, ETHRWorldSEA
Advt By , Agencies Fewer than three in four fresh graduates from Singapore's private education institutions (PEIs) secured employment within six months of graduation, according to the latest 2023/2024 Graduate Employment Survey by SkillsFuture Singapore (SSG). Conducted between November 2024 and March 2025, the survey polled around 3,500 graduates from 27 PEIs, with results pointing to a decline in hiring outcomes amid a cooling labour 74.8% of the 2,300 respondents in the labour force were employed within six months, down from 83.2% the previous year. Just 46.4% landed full-time permanent roles, while 24.2% were in part-time or temporary jobs, and 4.2% took up freelance the fall in employment rates, salaries showed modest growth. Median gross monthly pay for PEI graduates in full-time permanent jobs rose to S$3,500, up from S$3,400 a year ago. Graduates in information and digital technologies courses commanded the highest median salary, while those in engineering, sciences, and business fields had the strongest full-time employment light of these figures, workforce support for young graduates has become more urgent. Budget 2025 introduced several initiatives aimed at helping new entrants navigate a more uncertain job market. PEI graduates are encouraged to use SSG and Workforce Singapore platforms like the Jobs-Skills portal to identify in-demand skills and tap into reskilling and upskilling opportunities for better Times
Business Times
26-05-2025
- Business
- Business Times
Less than 75% of fresh graduates from private institutions secure jobs within 6 months
[SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution (PEI) Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore (SSG) on Monday (May 26). The survey was conducted between November 2024 and March 2025, and received responses from about 3,500 graduates across 27 PEIs, out of which about 2,300 were in the labour force. About 74.8 per cent of the 2,300 fresh graduates secured employment within six months of graduation. This was a dip from 83.2 per cent for the 2022/2023 cohort, reflecting weaker overall hiring demand as compared to previous years. In particular, 46.4 per cent found full-time permanent employment, 24.2 per cent found part-time or temporary employment, and 4.2 per cent took on freelance work. However, the median gross monthly salary of PEI fresh graduates in full-time permanent employment from the 2023/2024 cohort rose to S$3,500, an increase from S$3,400 in the previous year. Graduates from the engineering, sciences and business course clusters had the highest percentages of graduates in full-time permanent employment. Meanwhile, the information and digital technologies course cluster reflected the highest median gross monthly salary in 2024. In Budget 2025, workforce support measures were introduced to help workers, including fresh graduates, navigate the uncertain economic landscape. This is intended to support individuals in their continual skills development, where PEI graduates can tap SSG's and Workforce Singapore's resources such as the Jobs-Skills portal for insights on in-demand and emerging skills.
Business Times
26-05-2025
- Business
- Business Times
Less than 75% of fresh graduates from private education institutions secure jobs within 6 months of graduation
[SINGAPORE] Fewer than three in four fresh graduates from private education institutions found employment within six months of graduation, based on the Private Education Institution (PEI) Graduate Employment Survey 2023/2024 released by SkillsFuture Singapore (SSG) on Monday (May 26). The survey was conducted between November 2024 and March 2025, and received responses from about 3,500 graduates across 27 PEIs, out of which about 2,300 were in the labour force. About 74.8 per cent of the 2,300 fresh graduates secured employment within six months of graduation. This was a dip from 83.2 per cent for the 2022/2023 cohort, reflecting weaker overall hiring demand as compared to previous years. In particular, 46.4 per cent found full-time permanent employment, 24.2 per cent found part-time or temporary employment, and 4.2 per cent took on freelance work. However, the median gross monthly salary of PEI fresh graduates in full-time permanent employment from the 2023/2024 cohort rose to S$3,500, an increase from S$3,400 in the previous year. Graduates from the engineering, sciences and business course clusters had the highest percentages of graduates in full-time permanent employment. Meanwhile, the information and digital technologies course cluster reflected the highest median gross monthly salary in 2024. In Budget 2025, workforce support measures were introduced to help workers, including fresh graduates, navigate the uncertain economic landscape. This is intended to support individuals in their continual skills development, where PEI graduates can tap SSG's and Workforce Singapore's resources such as the Jobs-Skills portal for insights on in-demand and emerging skills.
